SOURCE: Grameen Foundation

December 15, 2008 12:14 ET

Grameen Foundation Offers 10,000 Inexpensive Ways to Give This Season Through StopPovertyNow.org

Interactive Website Allows You to Support Poor Entrepreneurs and Celebrate Loved Ones

WASHINGTON, DC--(Marketwire - December 15, 2008) - Grameen Foundation has launched StopPovertyNow.org (www.StopPovertyNow.org), a new campaign that enables people to join the fight against poverty and celebrate loved ones with as little as $10. With each donation, users will bring to life the greyed-out image of a microfinance client -- underscoring the incredible impact of these tiny business loans. The photograph is built on 10,000 image squares which users can dedicate to loved ones or memorable moments by posting personal photos and messages.

Like other microfinance network organizations, Grameen Foundation supports the outreach and on-the-ground work of microfinance institutions, our frontline partners who work directly with the microentrepreneurs. Donations to StopPovertyNow.org will assist our network which provides loans and other financial, educational and health services to more than 6.8 million people in 28 countries.

"StopPovertyNow.org is a simple, inexpensive and very personal way to support poor entrepreneurs in their journey to financial independence," said Alex Counts, president of Grameen Foundation. "With this new campaign, we are hoping to expand our growing team of global supporters who are committed to enabling the poor to create opportunities for themselves."

The StopPovertyNow.org website is one of the first to combine a personalized form of pixel advertising and social networking. As visitors scroll over each image square, they can see messages and photos posted by other supporters. Users can also select multiple squares, making it a good group project for teaching children about the value of giving and helping people around the world.

About Grameen Foundation

Grameen Foundation is a global non-profit organization that combines microfinance, technology, and innovation to empower the world's poorest people to escape poverty. Its global microfinance network and technology initiatives reach an estimated 34 million people in 28 countries across Asia, Africa, the Americas, and, through Grameen-Jameel Pan-Arab Microfinance, Ltd., in the Arab World. Based in Washington, D.C., Grameen Foundation was founded in 1997 by Alex Counts, who began his work in microfinance with 2006 Nobel Peace Prize Laureate Dr. Muhammad Yunus, the founder of Grameen Bank. Dr. Yunus is a founding and current member of Grameen Foundation's board of directors. For more information on Grameen Foundation, please visit www.grameenfoundation.org.

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